Senators on Tuesday, March 3 supported the proposal to give President Ferdinand “Bongbong” Marcos Jr. the authority to reduce or suspend fuel excise taxes as global oil markets react to the escalating conflict in the Middle East. Senate Majority Leader Juan Miguel “Migz” Zubiri said...
Senator Joseph Victor “JV” Ejercito on Monday, March 2 called on lawmakers to expedite the passage of the bill mandating the automatic suspension of excise taxes on petroleum products. Ejercito made the call in light of the ongoing conflicts in the Middle East involving the United States,...
Senator Christopher “Bong” Go has joined other lawmakers in pushing for the abolition of the travel tax saying it is an unnecessary burden on Filipinos and ASEAN nationals. Go has filed Senate Bill No.1849, which also seeks to abolish the travel tax imposed on Filipinos leaving the country and...
Senator Jinggoy Ejercito Estrada is now pushing for a bill seeking to lower the individual income tax rates to increase the take-home pay of workers, particularly for low and middle-income earners. In filing Senate Bill No. 1685, Estrada proposes to adjust tax brackets starting in 2027 by amending...
Senate President Pro Tempore Panfilo “Ping” Lacson has filed a bill seeking to grant an amnesty on unpaid estate taxes covering the estates of individuals who died on or before Dec. 31, 2025 that have outstanding or accrued tax liabilities as of that date. In filing Senate Bill No. 1889,...
Senate Majority Leader Juan Miguel “Migz” Zubiri has joined other lawmakers in pushing for a bill seeking to extend the deadline for the Estate Tax Amnesty to December 31, 2028. Zubiri said passage of Senate Bill No. 1865 into law would give heirs more time to settle long-standing obligations...
Senate Majority Leader Juan Miguel “Migz” Zubiri has joined the move to abolish the travel tax and lift what he described as an unnecessary financial burden on millions of Filipinos flying abroad. Zubiri filed Senate Bill No. 1793 titled “Travel Tax Abolition Act of 2026,” which was...
Senator Joel Villanueva on Wednesday, February 11 expressed his support to calls that seek the abolition of the travel tax, saying the policy has long outlived its purpose and hindered the mobility based on financial capacity of Filipinos. Villanueva said he is optimistic that the measure would...
President Marcos has approved 21 priority measures up for passage in June this year, including the proposal to abolish travel tax, Malacañang said. Marcos met with the Legislative Executive Development Advisory Council (LEDAC) on Tuesday morning, Feb. 10, to discuss the priority bills that are...
A measure in the Senate seeks to offer bigger, fairer, and more rational rewards for informants who would expose large-scale violators of the country’s tax and customs laws. Senator Jinggoy Estrada, who filed Senate Bill No. 1011, said that it aims to strengthen the fight against tax fraudsters...
To support and ease the financial burdens on small businesses, the local government of Marikina has approved 100 percent tax relief for qualified sari-sari stores and carinderias for the tax year 2026, while also granting full amnesty on interest and surcharges for delinquent real property...
Senator Raffy Tulfo called anew for the passage of a measure seeking to remove the travel tax being imposed on Filipinos flying economy class to any part of the world. Tulfo, who chairs the Senate Committee on Public Services, filed Senate Bill (SB) No. 88, which highlights how the travel tax...